A Central Fiscal Stabilization Capacity for the Euro Area /

This note outlines a concrete proposal for a euro area central fiscal capacity (CFC) that could help smooth both country-specific and common shocks. Specifically, it proposes a macroeconomic stabilization fund financed by annual contributions from countries that are used to build up assets in good t...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Arnold, Nathaniel
Awduron Eraill: Barkbu, Bergljot, Ture, H. Elif, Wang, Hou
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2018.
Cyfres:Staff Discussion Notes; Staff Discussion Notes ; No. 2018/003
Mynediad Ar-lein:Full text available on IMF